PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) Cyclically Adjusted Book per Share: Rp168.98 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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ISX:WEHA PT WEHA Transportasi Indonesia Tbk ISX:WEHA
78 GF Score
Price Rp107.00
GF Value Rp138.47
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted Book per Share?

PT WEHA Transportasi Indonesia Tbk ISX:WEHA +0.94% 78 Cyclically Adjusted Book per Share is Rp168.98 as of Mar. 2026. GuruFocus rates ISX:WEHA with a GF Score™ of 78/100 and a GF Value™ of Rp138.47 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

PT WEHA Transportasi Indonesia Tbk's adjusted book value per share for the three months ended in Mar. 2026 was Rp181.175. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is Rp168.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PT WEHA Transportasi Indonesia Tbk's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PT WEHA Transportasi Indonesia Tbk was -1.00% per year. The lowest was -1.00% per year. And the median was -1.00% per year.

As of today (2026-07-23), PT WEHA Transportasi Indonesia Tbk's current stock price is Rp107.00. PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was Rp168.98. PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT WEHA Transportasi Indonesia Tbk was 1.07. The lowest was 0.54. And the median was 0.71.


PT WEHA Transportasi Indonesia Tbk  (ISX:WEHA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=107.00/168.98
=0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PT WEHA Transportasi Indonesia Tbk was 1.07. The lowest was 0.54. And the median was 0.71.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted Book per Share Related Terms


PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted Book per Share Chart

PT WEHA Transportasi Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 172.51 166.66 165.57 167.14

PT WEHA Transportasi Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 164.85 165.19 165.24 167.14 168.98

ISX:WEHA vs UNP, CSX, NSC: Cyclically Adjusted Book per Share Comparison

For the Railroads subindustry, PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted PB Ratio falls into.


ISX:WEHA
78GF Score
PT WEHA Transportasi Indonesia Tbk ISX:WEHA
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT WEHA Transportasi Indonesia Tbk Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, PT WEHA Transportasi Indonesia Tbk's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=181.175/136.5387*136.5387
=181.175

Current CPI (Mar. 2026) = 136.5387.

PT WEHA Transportasi Indonesia Tbk Quarterly Data

Book Value per Share CPI Adj_Book
201606 122.233 103.212 161.701
201609 108.761 104.142 142.594
201612 103.145 105.222 133.844
201703 184.997 106.476 237.230
201706 182.247 107.722 231.001
201709 176.709 108.020 223.362
201712 153.357 109.017 192.073
201803 155.370 110.097 192.686
201806 156.851 111.085 192.792
201809 159.630 111.135 196.120
201812 151.587 112.430 184.092
201903 153.455 112.829 185.703
201906 156.225 114.730 185.921
201909 157.319 114.905 186.939
201912 160.635 115.486 189.918
202003 150.254 116.252 176.474
202006 136.066 116.630 159.293
202009 129.617 116.397 152.047
202012 124.787 117.318 145.231
202103 120.695 117.840 139.847
202106 117.524 118.184 135.776
202109 113.028 118.262 130.496
202112 114.718 119.516 131.057
202203 116.327 120.948 131.322
202206 121.102 123.322 134.080
202209 128.952 125.298 140.520
202212 134.496 126.098 145.632
202303 138.026 126.953 148.448
202306 143.965 127.663 153.974
202309 149.780 128.151 159.583
202312 155.992 129.395 164.604
202403 158.749 130.607 165.959
202406 159.721 130.792 166.739
202409 165.877 130.361 173.738
202412 169.050 131.432 175.619
202503 170.843 131.948 176.786
202506 172.369 133.241 176.636
202509 175.317 133.819 178.880
202512 177.814 135.271 179.480
202603 181.175 136.539 181.175

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of Rp168.98 mean?
PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) has a Cyclically Adjusted Book per Share of Rp168.98 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT WEHA Transportasi Indonesia Tbk and its competitors.
Is PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted Book per Share too high?
PT WEHA Transportasi Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp168.98. Overall, PT WEHA Transportasi Indonesia Tbk has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted Book per Share compare to UNP and CSX?
PT WEHA Transportasi Indonesia Tbk's Cyclically Adjusted Book per Share of Rp168.98 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PT WEHA Transportasi Indonesia Tbk and its competitors. PT WEHA Transportasi Indonesia Tbk's current Cyclically Adjusted Book per Share is Rp168.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT WEHA Transportasi Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp138.47, compared to a current price of Rp107.00 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is Rp168.98. PT WEHA Transportasi Indonesia Tbk's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PT WEHA Transportasi Indonesia Tbk (ISX:WEHA), the current Cyclically Adjusted Book per Share is Rp168.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT WEHA Transportasi Indonesia Tbk (ISX:WEHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT WEHA Transportasi Indonesia Tbk stock appears to be undervalued. The current stock price of Rp107.00 is trading 22.7% below its estimated GF Value™ of Rp138.47. GuruFocus considers PT WEHA Transportasi Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:WEHA:

  • Cyclically Adjusted Book per Share: Rp168.98
  • GF Value™: Rp138.47 vs. price of Rp107.00 (22.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the ISX:WEHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT WEHA Transportasi Indonesia Tbk Business Description

Address Jalan Husein Sastranegara No. 111, RT.5/RW.8, Grha White Horse, Rawa Bokor, Benda, Kota Tangerang, Tangerang, IDN, 15125
PT WEHA Transportasi Indonesia Tbk is a transportation company operating in Indonesia. It offers land transportation services within the following market segments: Tourism Transportation using its White Horse Deluxe Coach (WHDC) brand; Executive shuttle services operating on routes from Jakarta, Bogor, Tangerang, Bekasi, Depok, and Cirebon to Bandung, as well as within the Yogyakarta region, Semarang, Jepara, Solo, Surabaya, and Malang under the Day Trans brand. Additionally, the company offers domestic sightseeing trips under the Explorer brand and provides small vehicle rentals under the White Horse Car Rental brand. Its reportable segments are: Inter-Cities Transportation Services, which generates the maximum revenue, Passenger Transport Services, and Others.
78GF Score

Get the complete analysis for ISX:WEHA

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp107.00
Price
Rp138.47
GF Value